05:09 PM EST, 11/10/2025 (MT Newswires) -- Tidewater (TDW) reported a Q3 net loss Monday to $0.02 per diluted share, swinging from net income of $0.87 a year earlier.

Three analysts polled by FactSet expected earnings of $0.38.

Revenue in the three months ended Sept. 30 increased to $341.1 million from $340.4 million a year earlier.

Analysts surveyed by FactSet expected $331.4 million.

The company updated 2025 revenue guidance to the range of $1.33 billion to $1.35 billion from the previous forecast of $1.32 billion to $1.38 billion. Analysts polled by FactSet expected $1.34 billion.

Tidewater projects 2026 revenue guidance of $1.32 billion to $1.37 billion. Analysts polled by FactSet expected 1.37 billion.

The company's shares fell 4% in after-hours trading.